What is Guangdong Investment Price-to-Tangible-Book?
As of today (2024-04-24), Guangdong Investment's share price is $21.10. Guangdong Investment's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $17.62. Hence, Guangdong Investment's Price to Tangible Book Ratio of today is 1.20.
The historical rank and industry rank for Guangdong Investment's Price-to-Tangible-Book or its related term are showing as below:
GGDVY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.22 Med: 3.39 Max: 4.35
Current: 1.22
During the past 13 years, Guangdong Investment's highest Price to Tangible Book Ratio was 4.35. The lowest was 1.22. And the median was 3.39.
GGDVY's Price-to-Tangible-Book is ranked better than 64.76% of 471
companies
in the Utilities - Regulated industry
Industry Median: 1.78
vs GGDVY: 1.22
A closely related ratio is called PB Ratio. As of today, Guangdong Investment's share price is $21.10. Guangdong Investment's Book Value per Sharefor the quarter that ended in Jun. 2023 was $40.65. Hence, Guangdong Investment's P/B Ratio of today is 0.52.
Guangdong Investment Price-to-Tangible-Book Historical Data
The historical data trend for Guangdong Investment's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Guangdong Investment's Price-to-Tangible-Book
For the Utilities - Regulated Water subindustry, Guangdong Investment's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Guangdong Investment's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Guangdong Investment's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Guangdong Investment's Price-to-Tangible-Book falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Guangdong Investment Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Guangdong Investment's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Guangdong Investment (Guangdong Investment) Business Description
Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.
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